News
ST Eng’g unit debarment in India not a big deal: MayBank
ST Eng’g unit debarment in India not a big deal: MayBank
India has never been a major contributor to its defence earnings but why is STE incessant in clearing its name?
Court says ST Kinetics has liberty to file fresh petitions
The petitions will challenge orders that put ST Kinetics' defence business activities on hold in India.
SGX launches dual currency trading
A firm can now choose for its listed security to be traded in any two different currency denominations.
Margin-squeezed Wilmar poised for a comeback: UOB
Its high plantation landbank and effective product diversification will continue to push growth.
Strong air travel demand saw traffic between Singapore and Middle East grow 20%
Passenger traffic at Singapore Changi Airport then increased 11% to almost 4m in February 2012.
Resorts World Sentosa targets locals through noncasino loyalty program
For an annual sign-up fee of $150, card members instantly receive packages worth more than $180.
Hello, accountants: Want a salary bonus this year?
Better get your hopes down as bonuses are likely to be minimal, if not non-existent.
Rich Singaporeans look to LatAm for wealth prospects
More than half of Singaporeans expect prospects to improve globally in the next five years.
CapitaLand unit secures first serviced residence in Xiamen
Portfolio in China increases to over 8,000 apartment units in 42 properties across 17 cities.
Office capital values for CapitaCommercial Trust down 4%
Other office REITS may also suffer the same fate amid softening rental expectations going forward, says OCBC.
Office rentals may have dipped 3-5% in 1Q12
Pre-leasing activity at major new buildings is now somewhat sluggish after rents peaked in 2H11, says OCBC.
Singapore witnessed a busy 1Q for the oil & gas sector
New contracts secured, M&A news and fund raising activities are expected to bolster solid industry fundamentals.
Chart of the Day: URA Rental Index
Industrial REITs may likely experience revaluation gains in their portfolios based on the trend of URA rental and price indexes.
Productivity funding expands to green technology TACs
What will be the spending focus of these government-picked trade associations and chambers?
Expect a 0.4% hit on Olam earnings: DBS
This is due to the $2 million loss the company will incur over FY13-14 to start up its new rubber plantation in Gabon.
Singapore leaders better than EU and US counterparts
And over 50% of Singaporeans believe that political leaders are the most effective communicators.
Citi, JP Morgan and StanChart losing to DBS in SME transaction banking : CIMB
CIMB claims DBS' transaction business which account for 14% of revenue is growing at the expense of rivals.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform